Russia and Germany discuss initiatives to hold joint business events

Russia and Germany discuss initiatives to hold joint business events

Moscow has hosted a meeting between Advisor to the
President of the Russian Federation Anton Kobyakov and Chairman of Mangold
Consulting Klaus Mangold. Discussions centred on the outcomes of the German
delegation’s participation at the St. Petersburg International Economic
Forum and initiatives for holding business events in Germany.

“There is invariably a substantial German presence at
SPIEF. This year’s event welcomed 334 representatives from the country, making the
delegation third in size only to China and the US, with 1100 and 542
participants respectively. SPIEF’s business programme included the annual
Russia–Germany business dialogue, together with a session spearheaded by the
Russian-German Chamber of Commerce – Leaders in Productivity: International
Experience in Achieving National Goals. After a sustained period of absence on
the part of German government officials, this year’s delegation was headed by
Federal Minister for Economic Affairs and Energy Peter Altmaier. We view this
as an unequivocal and vital sign that ties between our countries are
strengthening,” said Kobyakov.

Klaus Mangold expressed his satisfaction that economic
cooperation between Russia and Germany are returning to pre-sanction levels. In
particular, German investment in Russia over the previous year reached a record
high of EUR 3.5 billion. Partnership is continuing to strengthen in both
industry and commerce, with the German business community showing growing
interest in Russia with each passing year, and Russian exports to Germany
increasing.

“Russia has
become an important location for manufacturing facilities, and products made in
the country can then be exported elsewhere. There are many companies which view
locating their production in Russia as offering good opportunities for
exporting. I believe this to be an unprecedented situation, and one which
demands our attention,” Mangold said.

The two figures also discussed joint preparations with
the Roscongress Foundation for an
event catering to the Russian
and German business communities, which is set to take place in Stuttgart in
November 2019 and the Russian-German business congress in Frankfurt in March or
April 2020.

The meeting closed with Kobyakov expressing Russia’s
openness to discuss initiatives to organize business events in Germany as well
as the country’s willingness to help ensure their success. He also reminded that
German business representatives are welcome at such business events, as the
Eastern Economic Forum in Vladivostok on 4-6 September, 2019, Russian Energy
Week in Moscow on 2-5 October, 2019, and Russia House in Davos in January 2020.

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“Digital economy is a new paradigm for the development of the state, the economy and society.”

To the participants, organizers and guests of the St. Petersburg International Economic Forum 2019

I extend warm greetings to all the Forum participants and guests.

For more than two decades now, the Forum has been contributing in significant ways to finding answers to the key questions the world is facing today, and shaping a meaningful and constructive agenda for far-reaching international cooperation in the interests of sustainable and balanced development. This year government officials, prominent politicians and experts, as well as business leaders and researchers, will come together to discuss the future of the Russian and global economy and exchange views on various matters related to digitalisation and the technological challenges, as well as such urgent problems as climate change and growing social inequality.

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